STX 7.50% 21.5¢ strike energy limited

Ann: Response to ASX Aware Query, page-67

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  1. 7,344 Posts.
    lightbulb Created with Sketch. 874
    If it's anything like the takeover of wgo it will be mercilessly held down for a long time till all hope is lost, tax loss selling etc.
    Gina or co, can afford to sit and wait.

    where this differs is the stx bod are far more agile and quick witted, they've now got (thanks to Gina buying stx holding of wgo) a very healthy cash balance so no need to raise and let undesirables on the register, a tidy income after taking over tpd using stx scrip, which now looks an absolute master stroke! Moreover they've got the (arguably) most prized area in the Perth basin, the jewel imho being that which Gina just has to have...... The other 50 PC of west erregulla ep469 and operator status there.
    If Gina went for wgo she will come for stx, she can't afford to be too clever for too long though incase someone else has a pop.
    So I've put my money on this being over quicker... But I can afford to sit it out too.
    ....some good reading to see how wgo all played out... Bpt, stx, Hancock , bpt again min res...... Quite the caper.
    As for drugs... Just say no..., Ice cream OK.

    Each to their own. Tc
 
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